Energy Environmental Blog

PA Forest Lands for Lease

Written by Greg Russell | Nov 10, 2009 11:54:05 AM

The Pittsburgh Post-Gazette is reporting that the Pennsylvania Department of Conservation and Natural Resources is set to lease almost 32,000 acres of state forest land for natural gas drilling operations to meet its budget mandate to raise $60 million for the 2009-2010 budget year.  "The leases require a minimum bid of $2,000 an acre and royalties of 18 percent."